Virgin Money Australia selects Temenos for digital banking
Virgin Money Australia, owned by Bank of Queensland (BOQ), has selected Temenos, a Switzerland-based banking software firm, as its digital banking technology partner.
Temenos, the...
Swiss Re announces a strategic alliance with Microsoft
Swiss Re and Microsoft Corp. announced a strategic alliance to further advance insurance innovation and extend financial protection to more people globally. The centrepiece...
Provident Financial Services to acquire SB One Bancorp in $209m deal
New Jersey-based Provident Bank’s parent company Provident Financial Services has agreed to acquire SB One Bancorp in a deal worth $208.9m.
SB One Bancorp is...
State Bank of India to acquire 49% stake in Yes Bank for $970m
The announcement from the State Bank of India follows the reconstruction scheme chalked out by the Reserve Bank of India for the financially troubled...
Mastercard and Samsung Partner to enable digital inclusion
Mastercard’s Pay on Demand platform is designed to accelerate digital inclusion by bringing together financial institutions, original equipment manufacturers and telcos to holistically solve...
Co-operative Bank of Kenya to acquire commercial lender Jamii Bora Bank
The Jamii Bora Bank is particularly engaged in micro, small and medium enterprises (MSME) banking and microfinance. The Co-operative Bank of Kenya (Co-op) has...
Fidelity National to acquire life insurance group F&G in $2.7bn deal
The acquisition of F&G will diversify the cash and income streams of Fidelity National Financial away from title insurance
Fidelity National Financial (FNF), a US...
Jumio and CIMB Bank PH team up to provide Filipinos unmatched digital onboarding experience...
Jumio helps CIMB Bank Philippines onboard new mobile banking customers while protecting against fraud and meeting strict compliance mandates
Jumio, the leading provider of AI-powered...
Intuit to acquire consumer technology company Credit Karma for $7.1bn
The California-based Credit Karma provides credit scores, reports and monitoring to its members across the US, the UK and Canada. Intuit, a US-based business...
ACI Worldwide and Banco Internacional Drive ATM Innovation Across Ecuador
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced that Banco Internacional, one of the largest banks in Ecuador...